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I don’t understand your argument. What happens during hyperinflationary periods or other currency collapses? The government stops demanding payments?
by junofan 4y ago
I don’t understand your argument. What happens during hyperinflationary periods or other currency collapses? The government stops demanding payments?
- snovv_crash 4y agoMonetary supply outstrips the government's ability to collect on it. It is usually done on purpose to benefit some ruling individuals or for strategic reasons to zero the value of a country's debt. But I challenge you to find any example where the hyperinflation didn't make sense to pursue to the people in charge of the money supply.